Allegion Acquires Access Control Software Provider Gatewise
DUBLIN– Allegion plc, a leading global security products and solutions provider, through one of its subsidiaries, has acquired privately owned Gatewise Incorporated, a leading provider of smart access control solutions in the U.S. multifamily marketplace.
Founded in 2017 and based in Houston, Texas, Gatewise is a software-as-a-service provider that offers a modern and retrofit-friendly gate entry system for multifamily communities. The Gatewise portfolio features a mobile app for residents and a cloud-based management portal for property managers. It is highly complementary to Allegion’s electronic locks and Zentra multifamily access solution, bringing together expanded perimeter security with unit and common area security.
“This acquisition strengthens Allegion’s position as a leader in smart, secure and scalable access solutions, especially for multifamily property owners and their residents,” Allegion President and CEO John H. Stone said. “Together, Gatewise and Zentra will bring a more complete access and security solution to multifamily properties, delivering recurring value to our customers and end users with seamless, safe experiences.”
Gatewise CEO Amit Sherman will join Allegion, helping ensure a smooth integration and working to accelerate growth for the combined businesses.
“Making community access simple while also secure is at the center of our technology,” said Sherman. “We integrate with leading property management systems, create ease of use with our app and ultimately alleviate the pains of traditional multifamily gate access products. Looking ahead, we’re excited to serve even more multifamily communities alongside Allegion and Zentra.”
Waitwhile Software Platform
In addition, Allegion plc has acquired privately owned Waitwhile Inc., a leading software-as-a-service provider that specializes in cloud-based appointment scheduling and queue management.
Waitwhile’s software platform provides virtual wait list and scheduling capabilities that enable businesses to facilitate access to places, services, appointments and events – whether online or in person. Real-time status updates and instant messaging, paired with powerful analytics, improve operational efficiency for both enterprise customers and their end users through reduced wait times and crowd management.
Primarily sold in the U.S., Waitwhile has a large footprint of multinational customers who use the platform to power their queue management and appointment experiences globally across healthcare, education, commercial, government and retail markets – supporting more than 300 million end-user visits to date.
“Adding Waitwhile to the Allegion portfolio aligns with our strategy of investing in complementary software products that differentiate our hardware and deliver recurring value to our customers,” Stone said. “This is an opportunity to deliver value by connecting the virtual queue to secure and seamless physical access at the door in core non-residential markets that we know well. Together, Waitwhile and Allegion can provide the right access to the right people at the right time, all while streamlining operations.”
Waitwhile was founded in 2017 by CEO Christoffer Klemming, who is joining Allegion. Klemming will continue leading the Waitwhile business, which has offices in the U.S. and Sweden.
“As market leaders in both digital and physical access, Waitwhile and Allegion are uniquely positioned to shape the future of seamless, in-person customer experiences,” Klemming said. “Together, we can accelerate innovation and deliver even greater value to the businesses we serve.”
